Affiliate Agreement Governs affiliate marketing relationships, outlining commission structures and marketing obligations.
1.1. Commission
Means the revenue share payable to the Affiliate, calculated as a percentage of the Net Sales as defined herein, according to the Commission Structure set forth in Annex A of this Agreement.
1.2. Effective Date
Means the date of execution of this Agreement by both Parties.
1.3. Intellectual Property Rights
Means any and all patents, trademarks, service marks, domain names, trade names, copyrights, trade secrets, know-how, and other intellectual property rights, whether registered or unregistered, arising or existing anywhere in the world.
1.4. Net Sales
Means the total amount of sales generated through the Affiliate's efforts as set forth in the tracking system of the Company, less any taxes, shipping charges, refunds, chargebacks, and any other deductions.
2.1. Appointment
Subject to the terms and conditions of this Agreement, the Company hereby appoints the Affiliate to market and promote the Company's products and services within the United States, on a non-exclusive basis, and the Affiliate accepts and agrees to provide such marketing and promotion services in accordance with this Agreement.
3.1. General Obligations
The Affiliate shall use commercially reasonable efforts to market and promote the Company's products and services in a professional manner, in compliance with all applicable laws, regulations, and industry standards, and in accordance with the Company's guidelines and requirements.
3.2. Intellectual Property Rights
The Affiliate shall not violate or infringe upon any Intellectual Property Rights of the Company. The Affiliate shall obtain the Company's prior written consent for the use of the Company's trademarks, service marks, domain names, trade names, logos, and other intellectual property rights related to the marketing and promotion of the Company's products and services.
4.1. Commissions
The Company shall pay the Affiliate a Commission on Net Sales generated through the Affiliate's marketing and promotional efforts in accordance with the Commission Structure set forth in Annex A of this Agreement.
4.2. Payment Terms
All Commissions shall be paid in U.S. Dollars. The Company shall pay the Affiliate on a monthly basis, within thirty (30) days following the end of each calendar month, provided that the aggregate amount of Commissions payable exceeds One Hundred Dollars ($100). If such amount is less than One Hundred Dollars ($100), the Commissions shall be cumulated and carried forward to the subsequent month(s) until the aggregate amount of Commissions payable exceeds One Hundred Dollars ($100).
4.3. Right to Audit
The Affiliate shall have the right, upon reasonable notice and during normal business hours, to audit the Company's records relating to the calculation and payment of Commissions hereunder.
The Parties shall treat as confidential all information received from the other Party in connection with this Agreement and shall not disclose any such information to any third party, except as may be required by law, regulation, or court order, or with the prior written consent of the other Party.
6.1. Term
This Agreement shall commence on the Effective Date and continue in force until terminated by either Party in accordance with the provisions of this Agreement.
6.2. Termination for Convenience
Either Party may terminate this Agreement, without cause, upon thirty (30) days' prior written notice to the other Party.
6.3. Termination for Cause
Either Party may terminate this Agreement, with immediate effect upon written notice to the other Party, if the other Party (i) commits a material breach of this Agreement, and, if the breach is capable of remedy, fails to remedy such breach within thirty (30) days after receipt of written notice requiring the breach to be remedied; or (ii) becomes insolvent, bankrupt, or subject to liquidation or winding-up proceedings.
This Agreement shall be governed by and construed in accordance with the laws of the United States. Any disputes arising out of or in connection with this Agreement shall be resolved by arbitration administered by the American Arbitration Association in accordance with its commercial arbitration rules, and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.
8.1. Notices
Any notices required or permitted to be given under this Agreement shall be in writing and shall be deemed to have been duly given when delivered or sent by email, facsimile, or certified mail, postage prepaid, return receipt requested, to the addresses of the Parties set forth in this Agreement.
8.2. Entire Agreement
This Agreement constitutes the entire agreement of the Parties with respect to the subject matter hereof, and supersedes all prior and contemporaneous agreements, understandings, and representations, whether written or oral, relating thereto.
8.3. Amendment
This Agreement may be amended or modified only by a written document executed by the Parties.
8.4. Waiver
No waiver by any Party of any breach or default hereunder shall be deemed to be a waiver of any other breach or default occurring subsequently.
8.5. Severability
If any provision of this Agreement is held invalid, illegal, or unenforceable, the remaining provisions shall be enforced to the fullest extent permitted by law.
8.6. Binding Effect
This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective successors and assigns.
In this Affiliate Agreement, you will see the following sections:
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